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PROFILE OF THE ORGANISATIONS: LIFE INSURANCE CORPORATION OF INDIA Life Insurance Corporation of India was formed in September 1956 by passing LIC Act, 1956 in Indian parliament. On the nationalization of the life insurance in 1956,the premium rating of Oriental Government security life Assurance company were adopted by LIC with a reduction of 5% of the tabular premium or Re. 1 per thousand sum assured, whichever was less. This reduction was made in anticipation of economies of scale that would emerge on the merger of different insurers in a single entity. Life Insurance Corporation Of India - there are many things to consider as Life Insurance Corporation Of India offers various insurance products which are very complex, but underlying this complexity is a simple fact. The building blocks for all Life Insurance Corporation of India are (1) investment return; (2) mortality experience; and (3) expense management; for your Life Insurance Corporation Of India.
LIC is the biggest insurance player in the country. Out of the total premium of Rs3766 crore generated by the insurance industry through group business in the year2005-06, LIC alone accounted for Rs 3051 crore. In the financial year 2005-06, LIC has grown at 30.68%. In respect of number of lives insured, LIC has shown a growth of over 152%. In respect of number of schemes, LIC has a growth of 2%. LIC's market share in number of individuals covered and number of policies stands at 77% and 81%, respectively. Objectives of LIC • Spread Life Insurance much more widely and in particular to the rural areas and to the socially and economically backward classes with a view to reaching all insurable persons in the country and providing them adequate financial cover against death at a reasonable cost. • Maximize mobilization of people's savings by making insurance-linked savings adequately attractive. • Bear in mind, in the investment of funds, the primary obligation to its policyholders, whose money it holds in trust, without losing sight of the interest of the community as a whole; the funds to be deployed to the best advantage of the investors as well as the community as a whole, keeping in view national priorities and obligations of attractive return. • Conduct business with utmost economy and with the full realization that the moneys belong to the policyholders. • Act as trustees of the insured public in their individual and collective capacities.
• Meet the various life insurance needs of the community that would arise in the changing social and economic environment. • Involve all people working in the Corporation to the best of their capability in furthering the interests of the insured public by providing efficient service with courtesy. Promote amongst all agents and employees of the Corporation a sense of participation, pride and job satisfaction through discharge of their duties with dedication towards achievement of Corporate Objective Various policies offered by life insurance corporation of India are 1) Whole Life Schemes • Whole life with profit • Limited payment whole life • Single Premium whole life • Convertible whole life plan2) Endowment Schemes • Endowment plan with profit • Limited payment Endowment • Jeevan Mitra (Double Cover) • Jeevan Mitra (Triple cover) • Bhavishya Jeevan • Jeevan Anand •
New Jana Raksha 3)Term Assurance Plan • Anmol Jeevan • 2 Year Term Assurance • Covertible Term • New Bima Kiran4) Plan for needs of Children • Komal Jeevan • Jeevan Sukanya • Jeevan Kishore • Jeevan Balya • Jeevan Chaya • Marriage/educational annuity • Deffered Endowment5. Periodic Money Back Plan • Jeevan Samridhi • Jeevan Rekha Plan • Money Back Plan •
Jeevan Surabhi • Jeevan bharathi6. Medical benefits linked insurance • Asha Deep II • Jeevan Asha II 7. For benefits to Handicapped • Jeevan Aadhar • Jeevan Vishwas8. Plans to cover housing loans • Mortagage redemption9. Joint life plan • Jeevan sathi10. Investment plan • Bima Nivesh Triple cover11. Capital market linked plan • Bima plus. ING VYSYA LIFE INSURANCE
ING Vysya Life Insurance Company Private Limited entered the private life insurance industry in India in September 2001, and in a span of 5 years has established itself as a distinctive life insurance brand with an innovative, attractive and customer friendly product portfolio and a professional advisor sales force. It has a dedicated and committed advisor sales force of over 21,000 people, working from 140 branches located in 74 major cities across the country and over 3,000employees. It also distributes products in close cooperation with the ING Vysya Bank network. The Company has a customer base of over 4, 50,000 & is headquartered at
Bangalore. In 2005, ING Vysya Life earned a total income in excess of Rs. 400 crore and also has a share capital of Rs. 440 crore.ING Vysya Life Insurance Company is headquartered at Bangalore and has established a strong presence in the cities of Delhi, Mumbai, Kolkata, Hyderabad and Chennai. In addition ING Vysya Life operates in Vizag, Vijayawada, Mangalore, Mysore, Pune,Nagpur, Chandigarh, Ludhiana and Jaipur.ING Vysya Life has pioneered product innovations in the Indian life insurance market with customer-oriented cash bonus endowment and money back products. (Reassuring Life and Maximizing Life), the first anticipated whole life product (Fulfilling Life) and the first Term/Critical Illness combination product (Conquering Life). Conquering Life is an innovative term and critical illness product that has been launched recently. Conquering Life provides affordable term cover and critical illness coverage for 10critical illnesses of up to 50% of the Sum Assured.ING Vysya Life Insurance is a joint venture between ING Insurance International BV apart of ING Group, the world's largest life insurance company . ING Vysya Bank, with1.5 million customers and over 400 outlets and GMR Technologies and Industries Limited, part of GMR Group also based in Bangalore and involved in the field of power generation, infrastructural development and several other businesses.ING Vysya Life has a paid up capital of Rs.140 cores and an authorized capital of Rs.200 cores.
Life insurance products offered by the company are: 1) Protection plan • Critical illness plan • Endowment plan2) Savings plan • Endowment plan • Child protection plan • Money back plan3) Investment Plan
Whole life plan
Limited payment endowment plan
Anticipated whole life plan4) Retirement Plan
Best years
New Future Perfect
Tata-AIG Life Insurance Tata-AIG Life Insurance company is a joint venture between the Tata Group and American International Group Inc (AIG), the leading US-based international insurance and financial services organization and the largest underwriter of commercial and industrial insurance in America. Its member companies write a wide range of commercial, personal and life insurance products through a variety of distribution channels in approximately 130 countries and jurisdictions throughout the world. AIG’s global businesses also include financial services and asset management, including aircraft leasing, financial products, trading and market making, consumer finance, institutional, retail and direct investment fund asset management, real estate investment management, and retirement savings products. Areas of business Tata-AIG Life Insurance products include a broad array of life insurance coverage to both individuals and groups. For groups, the company has life products whereas for individuals, it has term products, endowment products as well as money-back products. For groups and individuals, various types of add-ons and options are available to given consumers flexibility and choice.
HDFC STANDARD LIFE The Partnership: HDFC and Standard Life first came together for a possible joint venture, to enter the Life Insurance market, in January 1995. It was clear from the outset that both companies shared similar values and beliefs and a strong relationship quickly formed. In October1995 the companies signed a 3 year joint venture agreement. Around this time Standard Life purchased a 5% stake in HDFC, further strengthening therelationship.The next three years were filled with uncertainty, due to changes in government and ongoing delays in getting the IRDA (Insurance Regulatory and Development authority)Act passed in parliament. Despite this both companies remained firmly committed to theventure.In October 1998, the joint venture agreement was renewed and additional resource made available. Around this time Standard Life purchased 2%
of Infrastructure Development Finance Company Ltd. (IDFC). Standard Life also started to use the services of the HDFC Treasury department to advise them upon their investments in India. Towards the end of 1999, the opening of the market looked very promising and both companies agreed the time was right to move the operation to the next level. Therefore, in January 2000 an expert team from the UK joined a handpicked team from HDFC to form the core project team, based in Mumbai. Around this time Standard Life purchased a further 5% stake in HDFC and a 5% stake in HDFC Bank.
In a further development Standard Life agreed to participate in the Asset Management Company promoted by HDFC to enter the mutual fund market. The Mutual Fund was launched on 20th July 2000 Incorporation of HDFC Standard Life Insurance Company Limited: The company was incorporated on 14th August 2000 under the name of HDFC Standard Life Insurance Company Limited. Companies ambition from as far back as October 1995, was to be the first private company to re-enter the life insurance market in India. On the 23rd of October 2000, this ambition was realized when HDFC Standard Life was the only life company to be granted a certificate of registration.HDFC are the main shareholders in HDFC Standard Life, with 81.4%, while Standard Life owns 18.6%. Given Standard Life's existing investment in the HDFC Group, this is the maximum investment allowed under current regulations.HDFC and Standard Life have a long and close relationship built upon shared values and trust. The ambition of HDFC Standard Life is to mirror the success of the parent companies and be the yardstick by which all other insurance company's in India aremeasured.HDFC Standard Life's cumulative premium income, including the first year premiums and renewal premiums is Rs. 672.3 Cores for the financial year, Apr-Nov 2005. So farther company has covered over 11,00,000 individuals and has declared 5th consecutive bonus in as many years for its 'with profit' policyholders .
Products offered by the company are: INDIVIDUAL PLAN • With Profit Endowment Assurance • With Profits Money Back • Single Premium Whole of Life • Term assurance Plan •
Loan Cover Term Assurance • Personal Pension Plan • Children’s Plan GROUP PLANS1) Group Term Insurance2) Development Insurance Plan
ICICI PRUDENTIAL LIFE INSURANCE COMPANY ICICI Prudential Life Insurance Company is a joint venture between ICICI, premier financial powerhouse and Prudential plc, a leading international financial services group headquartered in the United Kingdom. ICICI Prudential was amongst the first private sector insurance companies to begin operations in December 2000 after receiving approval from Insurance Regulatory Development Authority (IRDA).ICICI Prudential is currently the No. 1 private life insurer in the country. For the financial year ended March 31, 2005, the company garnered Rs 1584 crore of new business premium for a total sum assured of Rs 13,780 crore and wrote nearly 615,000 policies Products offered by ICICI Prudential are 2) Savings Plan • Smart kid • Life Time • Save ‘n’ Protect • Cash Bak3) Protection plan • Life Guard • Extra Protection Through
• Riders4) Retirement Plans • Forever Life
• Life link pension • Life time pension • Reassure5) Investment Plans • Assure Invest • Life Link6) Group plans • Group Superannuation • Group Gratuity • Group Term Assurance OM KOTAK MAHINDRA Life Insurance Company OM Kotak Mahindra Life Insurance Company Limited (OMKM), is a joint venture between Kotak Mahindra Bank Ltd.(KMBL), and Old Mutual plc. At OMKM,the aim is to help customers take important financial decisions at every stage in life by offering them a wide range of innovative life insurance products, to make them financially independent. Jeene Ki Azaadi... The Products offered by the Company are
Individual Plan • Kotak Endowment Plan • Kotak Term Plan • Kotak Retirement Income Plan • Kotak Child Advantage Plan
• Kotak Preferred Term Plan • Kotak Capital Multiplier Plan • Kotak Safe Investment Plan • Riders • Exclusions Under Riders Group Plan Kotak Term GrouplanKotak Gratuity GrouplanKotak Credit Term GrouplanRidersExclusions Under Riders Rural Kotak Gramina Bima yojana MET LIFE INSURANCE COMPANY For almost 135 years, Metropolitan Life Insurance Company has been insuring the livesof the people who depend on them. Their success is based on their long history of socialresponsibility, strong leadership, sound investments, and innovative products andservices.MetLife BeginsThe origins of Metropolitan Life Insurance Company (MetLife) go back to 1863, when agroup of New York City businessmen raised $100,000 to found the National Union Life .
Supporting Country and CommunityOver the years, MetLife has made a difference by supporting urban renewal projects andcommunity financing. The company's social commitment and its commitment to thesecurity of its policyholders have proven to be good business.MetLife TodayIt is the fastest growing private life insurance company in India Currently have over 200,000 satisfied customers One of India’s leading private life insurance company.Total branches of India are, Andhra Pradesh, Delhi, Gujarat, Jammu & Kashmir,Karnataka, Kerala, Maharashtra, Orissa, Punjab, Rajasthan, Tamilnadu and West Bengal.Products Offered by the company are1) Whole Life • Met 100 Non par • Met 100 Gold par • Met 100 Platinum par2) Endowment • Met Gold par • Met Platinum par
• Met Junior par • Met junior Non par 3) Money Back • Met Sukh •
Met Junior MB4) Term • Met Mortagage Protector • Met Riders • Accidental death BIRLA SUN LIFE Insurance Company Birla Sun Life Financial Services offers a range of financial services for resident Indiansand Non Resident Indians. Brought together by two large, powerful and reputed businesshouses, the Aditya Birla Group and Sun Life Financial , it is our aim to offer diverse andtop quality financial services to customers. The Mutual Fund and Insurance companiesprovide wealth management and protection products to customers while the Distributionand Securities companies provide brokerage and trading services for investment inequities, debt securities, fixed deposits, etc.Insurance is not about something going wrong. It's often about things going right. One ofthe wonders of human nature is that we never believe anything can actually go wrong.
Surely, life has its share of ifs. At Birla Sun Life however, they believe it has its equallypleasant share of buts as well. Birla Sun Life stand committed to help you realise thosehappy moments which make a life. Be it living the same lifestyle in your post retirementdays or providing a secure future for your loved ones, in case something happens to you.The life insurance products offered by the company areIndividual life • Premium Back Term Plan • Flexi SecureLife Retirement Plan • Single Premium Bond • Birla Sun Life Term Plan • Flexi Life Line Whole Life Plan • Flexi Cash Flow Moneyback Plan
• Group Life • Pro Group Term Insurance • Group Superannuation Plan • Group Gratuity Plan
MAX NEW YORK LIFE INSURANCE Max New York Life Insurance Company Limited is a joint venture between Max IndiaLimited, a multi-business corporate, and New York Life International, a global expert inlife insurance. Max New York Life today emerged as the country's leading private lifeinsurance company. New York Life is a Fortune 100 company that has over 160 years ofexperience in the life insurance business. Max India Limited is a multi-business corporatedealing in Clinical Research, IT and Telecom Services, and Specialty Plastic Productsbusinesses. Max New York Life Insurance started its operations in India in 2000. It is thefirst life insurance company in India to be awarded the IS0 9001:2000 certification. MaxNew York offers customized products tailored to suit individual's needs. With its variousProducts and Riders, there are more than 400 product combinations to choose from.Today, Max New York Life Insurance has a network of 57 offices spread over 37 citiesall over India.The products are –Whole Life Participating d ConvertibleWhole Life-Non-Participating,Children Endowment at age 18,Children Endowment at age 24,20-year Endowment Participating Policy,Endowment to age 60
LIC is the biggest insurance player in the country. Out of the total premium of Rs3766 crore generated by the insurance industry through group business in the year2005-06, LIC alone accounted for Rs 3051 crore. In the financial year 2005-06, LIC has grown at 30.68%. In respect of number of lives insured, LIC has shown a growth of over 152%. In respect of number of schemes, LIC has a growth of 2%. LIC's market share in number of individuals covered and number of policies stands at 77% and 81%, respectively. Objectives of LIC • Spread Life Insurance much more widely and in particular to the rural areas and to the socially and economically backward classes with a view to reaching all insurable persons in the country and providing them adequate financial cover against death at a reasonable cost. • Maximize mobilization of people's savings by making insurance-linked savings adequately attractive. • Bear in mind, in the investment of funds, the primary obligation to its policyholders, whose money it holds in trust, without losing sight of the interest of the community as a whole; the funds to be deployed to the best advantage of the investors as well as the community as a whole, keeping in view national priorities and obligations of attractive return. • Conduct business with utmost economy and with the full realization that the moneys belong to the policyholders. • Act as trustees of the insured public in their individual and collective capacities.
• Meet the various life insurance needs of the community that would arise in the changing social and economic environment. • Involve all people working in the Corporation to the best of their capability in furthering the interests of the insured public by providing efficient service with courtesy. Promote amongst all agents and employees of the Corporation a sense of participation, pride and job satisfaction through discharge of their duties with dedication towards achievement of Corporate Objective Various policies offered by life insurance corporation of India are 1) Whole Life Schemes • Whole life with profit • Limited payment whole life • Single Premium whole life • Convertible whole life plan2) Endowment Schemes • Endowment plan with profit • Limited payment Endowment • Jeevan Mitra (Double Cover) • Jeevan Mitra (Triple cover) • Bhavishya Jeevan • Jeevan Anand •
New Jana Raksha 3)Term Assurance Plan • Anmol Jeevan • 2 Year Term Assurance • Covertible Term • New Bima Kiran4) Plan for needs of Children • Komal Jeevan • Jeevan Sukanya • Jeevan Kishore • Jeevan Balya • Jeevan Chaya • Marriage/educational annuity • Deffered Endowment5. Periodic Money Back Plan • Jeevan Samridhi • Jeevan Rekha Plan • Money Back Plan •
Jeevan Surabhi • Jeevan bharathi6. Medical benefits linked insurance • Asha Deep II • Jeevan Asha II 7. For benefits to Handicapped • Jeevan Aadhar • Jeevan Vishwas8. Plans to cover housing loans • Mortagage redemption9. Joint life plan • Jeevan sathi10. Investment plan • Bima Nivesh Triple cover11. Capital market linked plan • Bima plus. ING VYSYA LIFE INSURANCE
ING Vysya Life Insurance Company Private Limited entered the private life insurance industry in India in September 2001, and in a span of 5 years has established itself as a distinctive life insurance brand with an innovative, attractive and customer friendly product portfolio and a professional advisor sales force. It has a dedicated and committed advisor sales force of over 21,000 people, working from 140 branches located in 74 major cities across the country and over 3,000employees. It also distributes products in close cooperation with the ING Vysya Bank network. The Company has a customer base of over 4, 50,000 & is headquartered at
Bangalore. In 2005, ING Vysya Life earned a total income in excess of Rs. 400 crore and also has a share capital of Rs. 440 crore.ING Vysya Life Insurance Company is headquartered at Bangalore and has established a strong presence in the cities of Delhi, Mumbai, Kolkata, Hyderabad and Chennai. In addition ING Vysya Life operates in Vizag, Vijayawada, Mangalore, Mysore, Pune,Nagpur, Chandigarh, Ludhiana and Jaipur.ING Vysya Life has pioneered product innovations in the Indian life insurance market with customer-oriented cash bonus endowment and money back products. (Reassuring Life and Maximizing Life), the first anticipated whole life product (Fulfilling Life) and the first Term/Critical Illness combination product (Conquering Life). Conquering Life is an innovative term and critical illness product that has been launched recently. Conquering Life provides affordable term cover and critical illness coverage for 10critical illnesses of up to 50% of the Sum Assured.ING Vysya Life Insurance is a joint venture between ING Insurance International BV apart of ING Group, the world's largest life insurance company . ING Vysya Bank, with1.5 million customers and over 400 outlets and GMR Technologies and Industries Limited, part of GMR Group also based in Bangalore and involved in the field of power generation, infrastructural development and several other businesses.ING Vysya Life has a paid up capital of Rs.140 cores and an authorized capital of Rs.200 cores.
Life insurance products offered by the company are: 1) Protection plan • Critical illness plan • Endowment plan2) Savings plan • Endowment plan • Child protection plan • Money back plan3) Investment Plan
Whole life plan
Limited payment endowment plan
Anticipated whole life plan4) Retirement Plan
Best years
New Future Perfect
Tata-AIG Life Insurance Tata-AIG Life Insurance company is a joint venture between the Tata Group and American International Group Inc (AIG), the leading US-based international insurance and financial services organization and the largest underwriter of commercial and industrial insurance in America. Its member companies write a wide range of commercial, personal and life insurance products through a variety of distribution channels in approximately 130 countries and jurisdictions throughout the world. AIG’s global businesses also include financial services and asset management, including aircraft leasing, financial products, trading and market making, consumer finance, institutional, retail and direct investment fund asset management, real estate investment management, and retirement savings products. Areas of business Tata-AIG Life Insurance products include a broad array of life insurance coverage to both individuals and groups. For groups, the company has life products whereas for individuals, it has term products, endowment products as well as money-back products. For groups and individuals, various types of add-ons and options are available to given consumers flexibility and choice.
HDFC STANDARD LIFE The Partnership: HDFC and Standard Life first came together for a possible joint venture, to enter the Life Insurance market, in January 1995. It was clear from the outset that both companies shared similar values and beliefs and a strong relationship quickly formed. In October1995 the companies signed a 3 year joint venture agreement. Around this time Standard Life purchased a 5% stake in HDFC, further strengthening therelationship.The next three years were filled with uncertainty, due to changes in government and ongoing delays in getting the IRDA (Insurance Regulatory and Development authority)Act passed in parliament. Despite this both companies remained firmly committed to theventure.In October 1998, the joint venture agreement was renewed and additional resource made available. Around this time Standard Life purchased 2%
of Infrastructure Development Finance Company Ltd. (IDFC). Standard Life also started to use the services of the HDFC Treasury department to advise them upon their investments in India. Towards the end of 1999, the opening of the market looked very promising and both companies agreed the time was right to move the operation to the next level. Therefore, in January 2000 an expert team from the UK joined a handpicked team from HDFC to form the core project team, based in Mumbai. Around this time Standard Life purchased a further 5% stake in HDFC and a 5% stake in HDFC Bank.
In a further development Standard Life agreed to participate in the Asset Management Company promoted by HDFC to enter the mutual fund market. The Mutual Fund was launched on 20th July 2000 Incorporation of HDFC Standard Life Insurance Company Limited: The company was incorporated on 14th August 2000 under the name of HDFC Standard Life Insurance Company Limited. Companies ambition from as far back as October 1995, was to be the first private company to re-enter the life insurance market in India. On the 23rd of October 2000, this ambition was realized when HDFC Standard Life was the only life company to be granted a certificate of registration.HDFC are the main shareholders in HDFC Standard Life, with 81.4%, while Standard Life owns 18.6%. Given Standard Life's existing investment in the HDFC Group, this is the maximum investment allowed under current regulations.HDFC and Standard Life have a long and close relationship built upon shared values and trust. The ambition of HDFC Standard Life is to mirror the success of the parent companies and be the yardstick by which all other insurance company's in India aremeasured.HDFC Standard Life's cumulative premium income, including the first year premiums and renewal premiums is Rs. 672.3 Cores for the financial year, Apr-Nov 2005. So farther company has covered over 11,00,000 individuals and has declared 5th consecutive bonus in as many years for its 'with profit' policyholders .
Products offered by the company are: INDIVIDUAL PLAN • With Profit Endowment Assurance • With Profits Money Back • Single Premium Whole of Life • Term assurance Plan •
Loan Cover Term Assurance • Personal Pension Plan • Children’s Plan GROUP PLANS1) Group Term Insurance2) Development Insurance Plan
ICICI PRUDENTIAL LIFE INSURANCE COMPANY ICICI Prudential Life Insurance Company is a joint venture between ICICI, premier financial powerhouse and Prudential plc, a leading international financial services group headquartered in the United Kingdom. ICICI Prudential was amongst the first private sector insurance companies to begin operations in December 2000 after receiving approval from Insurance Regulatory Development Authority (IRDA).ICICI Prudential is currently the No. 1 private life insurer in the country. For the financial year ended March 31, 2005, the company garnered Rs 1584 crore of new business premium for a total sum assured of Rs 13,780 crore and wrote nearly 615,000 policies Products offered by ICICI Prudential are 2) Savings Plan • Smart kid • Life Time • Save ‘n’ Protect • Cash Bak3) Protection plan • Life Guard • Extra Protection Through
• Riders4) Retirement Plans • Forever Life
• Life link pension • Life time pension • Reassure5) Investment Plans • Assure Invest • Life Link6) Group plans • Group Superannuation • Group Gratuity • Group Term Assurance OM KOTAK MAHINDRA Life Insurance Company OM Kotak Mahindra Life Insurance Company Limited (OMKM), is a joint venture between Kotak Mahindra Bank Ltd.(KMBL), and Old Mutual plc. At OMKM,the aim is to help customers take important financial decisions at every stage in life by offering them a wide range of innovative life insurance products, to make them financially independent. Jeene Ki Azaadi... The Products offered by the Company are
Individual Plan • Kotak Endowment Plan • Kotak Term Plan • Kotak Retirement Income Plan • Kotak Child Advantage Plan
• Kotak Preferred Term Plan • Kotak Capital Multiplier Plan • Kotak Safe Investment Plan • Riders • Exclusions Under Riders Group Plan Kotak Term GrouplanKotak Gratuity GrouplanKotak Credit Term GrouplanRidersExclusions Under Riders Rural Kotak Gramina Bima yojana MET LIFE INSURANCE COMPANY For almost 135 years, Metropolitan Life Insurance Company has been insuring the livesof the people who depend on them. Their success is based on their long history of socialresponsibility, strong leadership, sound investments, and innovative products andservices.MetLife BeginsThe origins of Metropolitan Life Insurance Company (MetLife) go back to 1863, when agroup of New York City businessmen raised $100,000 to found the National Union Life .
Supporting Country and CommunityOver the years, MetLife has made a difference by supporting urban renewal projects andcommunity financing. The company's social commitment and its commitment to thesecurity of its policyholders have proven to be good business.MetLife TodayIt is the fastest growing private life insurance company in India Currently have over 200,000 satisfied customers One of India’s leading private life insurance company.Total branches of India are, Andhra Pradesh, Delhi, Gujarat, Jammu & Kashmir,Karnataka, Kerala, Maharashtra, Orissa, Punjab, Rajasthan, Tamilnadu and West Bengal.Products Offered by the company are1) Whole Life • Met 100 Non par • Met 100 Gold par • Met 100 Platinum par2) Endowment • Met Gold par • Met Platinum par
• Met Junior par • Met junior Non par 3) Money Back • Met Sukh •
Met Junior MB4) Term • Met Mortagage Protector • Met Riders • Accidental death BIRLA SUN LIFE Insurance Company Birla Sun Life Financial Services offers a range of financial services for resident Indiansand Non Resident Indians. Brought together by two large, powerful and reputed businesshouses, the Aditya Birla Group and Sun Life Financial , it is our aim to offer diverse andtop quality financial services to customers. The Mutual Fund and Insurance companiesprovide wealth management and protection products to customers while the Distributionand Securities companies provide brokerage and trading services for investment inequities, debt securities, fixed deposits, etc.Insurance is not about something going wrong. It's often about things going right. One ofthe wonders of human nature is that we never believe anything can actually go wrong.
Surely, life has its share of ifs. At Birla Sun Life however, they believe it has its equallypleasant share of buts as well. Birla Sun Life stand committed to help you realise thosehappy moments which make a life. Be it living the same lifestyle in your post retirementdays or providing a secure future for your loved ones, in case something happens to you.The life insurance products offered by the company areIndividual life • Premium Back Term Plan • Flexi SecureLife Retirement Plan • Single Premium Bond • Birla Sun Life Term Plan • Flexi Life Line Whole Life Plan • Flexi Cash Flow Moneyback Plan
• Group Life • Pro Group Term Insurance • Group Superannuation Plan • Group Gratuity Plan
MAX NEW YORK LIFE INSURANCE Max New York Life Insurance Company Limited is a joint venture between Max IndiaLimited, a multi-business corporate, and New York Life International, a global expert inlife insurance. Max New York Life today emerged as the country's leading private lifeinsurance company. New York Life is a Fortune 100 company that has over 160 years ofexperience in the life insurance business. Max India Limited is a multi-business corporatedealing in Clinical Research, IT and Telecom Services, and Specialty Plastic Productsbusinesses. Max New York Life Insurance started its operations in India in 2000. It is thefirst life insurance company in India to be awarded the IS0 9001:2000 certification. MaxNew York offers customized products tailored to suit individual's needs. With its variousProducts and Riders, there are more than 400 product combinations to choose from.Today, Max New York Life Insurance has a network of 57 offices spread over 37 citiesall over India.The products are –Whole Life Participating d ConvertibleWhole Life-Non-Participating,Children Endowment at age 18,Children Endowment at age 24,20-year Endowment Participating Policy,Endowment to age 60
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